Jan 28, 2025

2024-2025 Undergraduate Catalog

Applied Economics, B.S.

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The Applied Economics major equips students with the necessary skills to understand economic developments within our industrialized society. As globalization and politics continue to increase the complexity of nearly every industry in the world economy, there is increasing demand for professionals with both quantitative and communication skills to analyze and forecast business and economic trends. The Applied Economics major provides the knowledge and develops the skills needed to attain decision-making positions within government, academia, the financial sectors, and industry. It also serves as a strong foundation for graduate studies.

Degree Requirements

Institutional Degree Requirements

Program-Specific Degree Requirements: To be eligible for graduation, students majoring in Applied Economics must maintain a 2.0 average or higher in the Business Core Courses and a 2.0 average in the Economics Component courses. In addition, students must attain a 2.0 or higher in each course that serves as a prerequisite to a subsequent business course. (Refer to the course description for specific prerequisites.) Failure to attain at least a 2.0 in prerequisite courses may lengthen the time to graduation. Students must also earn a grade of 2.0 or higher in the senior business core courses, BUS 494 and BUS 495 .

General Education Requirement

First Year Seminar

FYS 100 First-Year Seminar 3 credit hours
FYS 102 Common Hour 0 credit hours

Foundations Requirements

Communication course:

FCO 105 Rhetorical Communication 3 credit hours

Advanced Communication course:

FCO 210 Communication in Professional Cultures 3 credit hours

Quantitative Fluency course:

Satisfied by major (QBA 260 )

American Citizenship course:

Satisfied by major (ECO 201 )

Global Citizenship course:

Satisfied by major (ECO 200 )

Disciplinary Perspectives Requirement

Choose 3 credits of the following Humanities courses:

FLM 216 Introduction to Film 3 credit hours
HIS 101 The Foundation of the West 3 credit hours
LIT 200 Introduction to Literary and Textual Studies 3 credit hours
PHL 221 Introduction to Philosophy 3 credit hours
PHL 238 Race, Gender, and Sexuality 3 credit hours crosslisted as WGS 238 Race, Gender, and Sexuality 3 credit hours

Choose 3 credits of the following Arts courses:

ART 101 Art and Visual Culture 3 credit hours
CRW 272 Introduction to Creative Writing 3 credit hours
MUS 186 Listening to Music 3 credit hours
THE 154 Introduction to Theatre 3 credit hours

Social and Behavioral Sciences course:

Satisfied by major (MKT 100 )

Choose 3 credits of the following Natural and Physical Sciences courses:

BIO 204 Exploring Biology 3 credit hours
CHM 240 Perspectives on the Molecular World 3 credit hours AND
CHM 241 Perspectives on the Molecular World Lab 0 credit hours
G 151 Introduction to Physical Geography 3 credit hours AND
G 152 Introduction to Physical Geography Lab 0 credit hours
PHY 252 Science and Sustainability 3 credit hours

Constellation Requirement

The Constellation requirement is met when a student completes four courses from a minimum of three disciplines within the Constellation requirements. Students who transfer in 60 credits or more at the time of admission to the college will be waived from the Constellation requirement, except for Education majors. The waiver applies to the requirement for graduation but does not waive the credits to graduate; students need to meet the overall bachelor’s degree credit requirement.

All students majoring in Business will take BUS 495 (a High Impact Practice and Innovation course) which will fulfill both a major requirement and 3 credits of the constellation requirement for any constellation.

Required Courses

Business Core Courses

ACC 220 Financial Accounting 3 credit hours
BUS 246 Business Communication 3 credit hours
BUS 260 Legal Environment of Business 3 credit hours
BUS 494 Integrated Business Experience 3 credit hours
BUS 495 Business Strategy and Policy 3 credit hours
CYB 100 Infowars 3 credit hours
ECO 200 Principles of Economics (Macro) 3 credit hours
ECO 201 Principles of Economics (Micro) 3 credit hours
FIN 300 Managerial Finance I 3 credit hours
IBS 401 International Economics 3 credit hours
IFS 100 Information Technology (IT) Competency 0 credit hours
IFS 105 Personal Productivity Computing 3 credit hours
MGT 150 Principles of Management 3 credit hours
MGT 220 Human Resource Management 3 credit hours
MKT 100 Principles of Marketing 3 credit hours
QBA 260 Data Driven Decision Making 3 credit hours
SCM 300 Essentials of Supply Chain Management 3 credit hours

Economic Component Courses

ACC 225 Managerial Accounting 3 credit hours
ECO 315 Environmental and Natural Resource Economics 3 credit hours
ECO 340 Sustainable Development Economics 3 credit hours
ECO 345 The Economics of Urban Revitalization 3 credit hours
ECO 350 Intermediate Microeconomics 3 credit hours
ECO 360 Intermediate Macroeconomics 3 credit hours
ECO 370 Money and Banking 3 credit hours
IFS 305 Management Information Systems 3 credit hours
MAT 120 Applied Calculus 3 credit hours
QBA 265 Introduction to Analytics 3 credit hours

Economics Electives

Students must complete 12 credits from the following courses. Students who complete all courses within one of the following four disciplines are encouraged to declare the corresponding minor.

General Elective Courses

Students must complete 3 credits of free elective courses.

Suggested Course Sequence

Freshman Year (30 credits)

CYB 100 Infowars 3 credit hours
ECO 200 Principles of Economics (Macro) 3 credit hours
ECO 201 Principles of Economics (Micro) 3 credit hours
FCO 105 Rhetorical Communication 3 credit hours
FYS 100 First-Year Seminar 3 credit hours
FYS 102 Common Hour 0 credit hours
IFS 100 Information Technology (IT) Competency 0 credit hours
IFS 105 Personal Productivity Computing 3 credit hours
MAT 120 Applied Calculus 3 credit hours
MGT 150 Principles of Management 3 credit hours
MGT 220 Human Resource Management 3 credit hours
MKT 100 Principles of Marketing 3 credit hours

Sophomore Year (30 credits)

ACC 220 Financial Accounting 3 credit hours
ACC 225 Managerial Accounting 3 credit hours
BUS 260 Legal Environment of Business 3 credit hours
ECO 315 Environmental and Natural Resource Economics 3 credit hours
FCO 210 Communication in Professional Cultures 3 credit hours
FIN 300 Managerial Finance I 3 credit hours
QBA 260 Data Driven Decision Making 3 credit hours
QBA 265 Introduction to Analytics 3 credit hours
Disciplinary Perspectives course - Arts 3 credit hours
Disciplinary Perspectives course - Natural and Physical Sciences 3 credit hours

Junior Year (30 credits)

BUS 246 Business Communication 3 credit hours
ECO 350 Intermediate Microeconomics 3 credit hours
ECO 360 Intermediate Macroeconomics 3 credit hours
IFS 305 Management Information Systems 3 credit hours
SCM 300 Essentials of Supply Chain Management 3 credit hours
Economics Elective course 3 credit hours
Constellation courses 6 credit hours
Elective course 3 credit hours
Disciplinary Perspectives - Humanities 3 credit hours

Senior Year (30 credits)

BUS 494 Integrated Business Experience 3 credit hours
BUS 495 Business Strategy and Policy 3 credit hours
ECO 340 Sustainable Development Economics 3 credit hours
ECO 345 The Economics of Urban Revitalization 3 credit hours
ECO 370 Money and Banking 3 credit hours
IBS 401 International Economics 3 credit hours
Economics Elective courses 9 credit hours
Constellation courses 3 credit hours